Bala Named Mannatech’s Senior Vice President of Global Sales and Marketing
Mannatech hires direct sales industry veteran with strategic foreign markets experience
Coppell, TX – September 18, 2007 – Mannatech, Incorporated (NASDAQ – MTEX) today announced the hiring of Alfredo Bala, as the company’s senior vice president of global sales and marketing, effective October 1, 2007. Mr. Bala is currently completing a consulting agreement with Mannatech. From 1992 to 2006, Bala served as COO for Britt Worldwide, LLC, one of the largest independent Amway networking marketing organizations. While with Britt Worldwide, Bala led the company’s sales and marketing campaigns, training, motivational seminars, development of business support materials, and technology tools. Bala also was heavily involved in the launch and re-launch of over 40 international markets that propelled international sales volume to more than $500 million. Bala served as manufacturing plant manager for Bose Corporation from 1983 to 1992. Bala is conversant and/or fluent in more than 13 languages.
“We are extremely pleased to announce Al’s addition to our executive management team,” said Terry Persinger, President and CEO of Mannatech. “In addition to more than 20 years of domestic and international experience in network marketing, Al’s proven record includes growing a major direct sales organization to $750 million, reaching more than one million people in 60 countries. We are fortunate to have Al leading Mannatech’s enhanced focus on sales growth and international expansion.”
Bala’s role will be global in scope encompassing the responsibilities of the company’s president of international operations, John Price, who has left the company to pursue other interests.
Wednesday, October 31, 2007
Mannatech Adds Distinguished Kellogg Professor Robert Blattberg to Board
Mannatech Adds Distinguished Kellogg Professor Robert Blattberg to Board
Appointment follows conclusion of Professor Axford’s five-year tenure on Mannatech Board
Coppell, TX, September 7, 2007 - Mannatech, Inc. (NASDAQ – MTEX) today announced effective September 6, 2007, the addition of Professor Robert Blattberg from Northwestern University’s Kellogg School of Management to the company’s Board of Directors. Blattberg replaces outgoing Board member Professor John Axford who is leaving the Board to focus his efforts on new research initiatives with Mannatech, as well as complete the glyconutritional research under a three-year agreement between St. George’s University of London and Mannatech.
Since 1991, Professor Blattberg has served as the Polk Brothers Distinguished Professor of Retailing and Director for the Center for Retail Management within Northwestern University’s Kellogg School of Management. He is currently on a one-year leave of absence and is a visiting professor at Carnegie Mellon University. Previously, he held the title of the Charles H. Kellstadt Professor of Marketing and served as Director of the Center of Marketing Information Technology for University of Chicago’s Graduate School of Business.
“We are quite pleased to have someone with Professor Blattberg’s knowledge and expertise in global retail marketing join our Board,” said J. Stanley Fredrick, lead director on Mannatech’s Board. “His vast experience and published accomplishments speak volumes about his ability to assist organizations in achieving success through solid marketing strategies and principles.”
Professor Blattberg focuses his research on marketing information technology, database marketing, sales promotions, and retailing. In addition to authoring several books, he has written articles for the Journal of Marketing Research, Management Science, Marketing Science, Econometrica, Journal of Marketing, Journal of Direct Marketing , and other leading academic journals. He has also consulted for leading retailers, such as Sears, Kroger, Rite Aid, and Best Buy. Fredrick added, “We have been very fortunate to have Professor Axford, an accomplished glycobiologist and physician, serve on our Board of Directors. During his five-year tenure, he helped create and chair the Science Committee within the Board where he provided critical direction and expertise to our R&D program. He also assisted in attracting key scientific talent as evidenced by the addition of Dr. Robert A. Sinnott, senior vice president and chief science officer of R&D in 2005.”
Since 2002, Professor Axford has served as a Class III Director and is Chairman of the Science Committee. Mannatech will continue its ongoing three-year agreement with St. George’s University of London, where Professor Axford is serving as the Principal Investigator of a clinical study on Mannatech’s Ambrotose product.
Appointment follows conclusion of Professor Axford’s five-year tenure on Mannatech Board
Coppell, TX, September 7, 2007 - Mannatech, Inc. (NASDAQ – MTEX) today announced effective September 6, 2007, the addition of Professor Robert Blattberg from Northwestern University’s Kellogg School of Management to the company’s Board of Directors. Blattberg replaces outgoing Board member Professor John Axford who is leaving the Board to focus his efforts on new research initiatives with Mannatech, as well as complete the glyconutritional research under a three-year agreement between St. George’s University of London and Mannatech.
Since 1991, Professor Blattberg has served as the Polk Brothers Distinguished Professor of Retailing and Director for the Center for Retail Management within Northwestern University’s Kellogg School of Management. He is currently on a one-year leave of absence and is a visiting professor at Carnegie Mellon University. Previously, he held the title of the Charles H. Kellstadt Professor of Marketing and served as Director of the Center of Marketing Information Technology for University of Chicago’s Graduate School of Business.
“We are quite pleased to have someone with Professor Blattberg’s knowledge and expertise in global retail marketing join our Board,” said J. Stanley Fredrick, lead director on Mannatech’s Board. “His vast experience and published accomplishments speak volumes about his ability to assist organizations in achieving success through solid marketing strategies and principles.”
Professor Blattberg focuses his research on marketing information technology, database marketing, sales promotions, and retailing. In addition to authoring several books, he has written articles for the Journal of Marketing Research, Management Science, Marketing Science, Econometrica, Journal of Marketing, Journal of Direct Marketing , and other leading academic journals. He has also consulted for leading retailers, such as Sears, Kroger, Rite Aid, and Best Buy. Fredrick added, “We have been very fortunate to have Professor Axford, an accomplished glycobiologist and physician, serve on our Board of Directors. During his five-year tenure, he helped create and chair the Science Committee within the Board where he provided critical direction and expertise to our R&D program. He also assisted in attracting key scientific talent as evidenced by the addition of Dr. Robert A. Sinnott, senior vice president and chief science officer of R&D in 2005.”
Since 2002, Professor Axford has served as a Class III Director and is Chairman of the Science Committee. Mannatech will continue its ongoing three-year agreement with St. George’s University of London, where Professor Axford is serving as the Principal Investigator of a clinical study on Mannatech’s Ambrotose product.
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